Crown Holdings Inc. To Add Second High-Speed Line to Italy
News General news
Crown Holdings, Inc. (NYSE: CCK) announced that it will construct a second high-speed line at its Parma, Italy aluminum beverage can facility.
Commercial production is expected to commence during the first quarter of 2023, and the additional capacity will serve expanding customer requirements in Italy and surrounding markets.
The new line will produce more than one billion cans annually and add 80 jobs to the Parma plant. The first line in Parma began operations in early 2019.
Infinitely recyclable beverage cans, the world's most recycled and responsible beverage packaging option, are increasingly preferred among both customers and consumers in Italy, resulting in accelerating market growth. The new line will meet expanding demand in the carbonated soft drink, sparkling water, beer and wine segments of the market.